5464 Evelyn Drive, Banning, California 92220, Banning, 92220 - 2 bed, 1 bath

5464 Evelyn Drive, Banning, California 92220 home-pic-0

5464 Evelyn Drive

Banning, California 92220

ACTIVE
CONDITION: GOOD
2Beds
1Baths
851Sq Ft
3,920Lot Size

Property Price

LIST PRICE$279,000
EST. MARKET VALUE
$291,188
4% BelowMARKET VALUE

SUMMARY

Estimated Market Value

$291,188 +$12,188 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Banning.

Comparable Sales Map

Comparables within 1 miles sold in recently

Address Sold Price BedsBathsSq Ft$/SqftDistance
5464 Evelyn Drive
Subject
$279,000*
List Price
21851$342-
A
5360 5360 Evelyn
Sold
$275,00021832$3310.1 mi
B
178 Janan Court
Sold
$250,00021891$2810.1 mi
C
234 Beverly Drive
Sold
$270,00021891$3030.1 mi
D
233 Janan Court
Sold
$283,00021820$3450.0 mi
E
178 Clair Court
Sold
$295,00021820$3600.2 mi

* Subject property listed price vs sold prices of comps.

Condition Analysis

OVERALL CONDITION SCORE

Good
TeardownExcellent

Property is move-in ready.

The property is move-in ready and has undergone extensive recent renovations totaling over $40,000, which significantly offsets its 1980 build date. Key updates include a new roof (2023/2025), HVAC system (2019), water heater (2023), and a remodeled bathroom (2020). With fresh interior paint, new carpeting, and a new gas stove installed in 2023, the home's major systems and cosmetic finishes are well-maintained and within their functional lifespan, meeting the criteria for a 'Good' condition rating.

PROSSTRENGTHS & OPPORTUNITIES

  • Extensive Recent Upgrades

    With over $40,000 invested in recent refurbishments—including a new roof, HVAC system, water heater, and fresh interior finishes—this home offers significant peace of mind and reduced immediate maintenance costs.

  • Exceptional Value and Low HOA

    Priced competitively under $300,000 with an incredibly low annual HOA fee of less than $160, this property provides an affordable lifestyle for seniors on a fixed income within a well-maintained community.

  • Superior Privacy and Views

    The lot is uniquely positioned with no neighbors directly behind the fenced backyard and offers beautiful mountain views from the front, creating a tranquil and scenic living environment.

CONSRISKS & DEFICIENCIES

  • Limited Bathroom Facilities

    The home only contains one bathroom, which may be a point of contention for couples or those who frequently host guests in the bonus room.

  • Compact Square Footage

    At 851 square feet, the interior living space is relatively small, which could feel restrictive for buyers downsizing from larger family homes or those requiring significant storage.

About 5464 Evelyn Drive

Welcome to 5464 Evelyn Drive, nestled in the peaceful 55+ Peacock Valley community in the heart of beautiful Banning. This charming single-level 2-bedroom home with a bonus room and 1 bath offers comfortable, easy living in a thoughtfully refreshed and beautifully maintained residence. Step inside to a bright, open floor plan where the living room flows seamlessly into the dining area and kitchen, creating a warm and inviting atmosphere. A sliding glass door opens to a private, fenced backyard with no homes directly behind, offering added privacy and a serene outdoor retreat. The two bedrooms enjoy convenient access to the centrally located bath, while the interior showcases neutral tones, fresh finishes, updated flooring, modern window coverings, and tasteful fixtures throughout — reflecting a home that has been meticulously cared for. The front yard features low-maintenance desert landscaping, and the front of the home offers beautiful mountain views, creating a peaceful and scenic setting. Tree-lined streets throughout the neighborhood enhance the tranquil charm of this established 55+ community. This residence benefits from over $40,000 in recent upgrades and refurbishing, including a new back flat roof (2025), new CertainTeed shingle roof (2023), new carpet (2023), freshly painted interior (2023), new water heater (2023), new gas kitchen stove (2023), new attic insulation (2023), remodeled bath (2020) with brand new toilet (2026) — all enhancing comfort, functionality, and energy efficiency. The A/C unit was replaced in 2019. Additional highlights include a one-car attached garage with a newer roll-up door. With annual HOA dues under $160, Peacock Valley offers an exceptional value in a community designed for relaxed senior living. Conveniently located near Interstate 10, medical facilities, shopping, and dining, with easy access to Desert Hills Premium Outlets, Casino Morongo, Casino Morongo, and the Coachella Valley — this home offers the perfect blend of privacy, comfort, scenery, and convenience. A wonderful opportunity to enjoy peaceful 55+ living with mountain views, privacy, and timeless charm at 5464 Evelyn Drive.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1980
Lot Size
3,920 Sq. Ft.

Interior

Total Bedrooms
2
Total Bathrooms
1 (1 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$158.4 / Month

Neighborhood Insights

Banning Unified Schools

Sundance Elementary School

Grades K-5 • 1.0 mi

6/10

San Gorgonio Middle School

Grades 6-8 • 2.1 mi

5/10

Beaumont Senior High School

Grades 9-12 • 3.6 mi

5/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.03.0
36%
Baths1.02.0
10%
Square foot8511,683
4%
Lot Size3,9206,098
12%
Price$279.0K$450.0K
3%
Price per sq ft$328$261
84%
Built year19801997
24%
HOA$158.4$202
37%
Days on market18199
0%

Pricing History

Listed for Sale

Feb 17, 2026

$279,000

Initial Listing

Sold

Nov 15, 2004

$92,500

Public Record

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